Mobinil Says May Divest Non-core Assets to Reduce Debts

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Egyptian Company for Mobile Services – Mobinil announced it is currently studying a number of options to reduce its debt. These options may include the sale of some of Mobinil’s non-core assets, the company said in a statement on Wednesday.

Elsewhere, Mobinil (EMOB.CA) further stated that it will soon propose a new pricing scheme for the international gateway, to the Egyptian Ministry of Communications and Information Technology.